Saipem Wins $1.1B in Offshore Contracts in Guyana and Australia

OEDigital
Tuesday, January 11, 2022

Italian offshore oilfield services company Saipem has won $1.1 billion worth of offshore contracts in Australia and Guyana with Woodside and ExxonMobil, respectively.

In Australia, Woodside has granted Saipem the Notice to Proceed (NTP) for a contract related to the Scarborough project. Saipem will complete the export trunkline coating and installation of the pipeline that will connect the Scarborough gas field with the onshore plant.

The Scarborough gas resource is located in the Carnarvon Basin, offshore Western Australia, and it will be developed through new offshore facilities connected by an approximately 430 km export trunkline with a 36”/32” diameter to a second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility. The first cargo is expected to be delivered in 2026.

The work assigned to Saipem is relevant to coating, transportation and installation of the trunkline, at a maximum water depth of 1,400 meters, including the fabrication and installation of the line structures and of the pipeline end termination in 950-meter water depth. Offshore operations are planned to start in mid-2023 and will be mainly conducted by the Castorone vessel.

The Scarborough Joint Venture comprises Woodside Energy Scarborough Pty Ltd (73.5%) and BHP Petroleum (Australia) Pty Ltd (26.5%). Woodside and BHP announced on 22 November 2021 that a final investment decision has been made by the Scarborough Joint Venture to proceed with the Scarborough Project.


Related:



Yellowtail in Guyana

Credit: Rolf Jonsen / MarineTraffic.comIn Guyana, Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of ExxonMobil, has awarded Saipem a contract for the Yellowtail development project located in the Stabroek block offshore Guyana at a water depth of around 1,800 meters.

Pending the necessary government authorizations and investment approval, the assignment of the contract allows the start of initial engineering and procurement activities necessary to proceed in accordance with the project program.

The contract relates to the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilicals, Risers & Flowlines (SURF).

Yellowtail is intended to be a greenfield development project encompassing subsea drilling centers, (each equipped with separate oil production, water injection and gas injection wells), linked to a new FPSO (Floating Production Storage and Offloading Unit).

Saipem’s flagship vessel FDS2 will conduct the offshore operations while Saipem’s fabrication facility in Guyana will build the deepwater structural elements.

Francesco Caio, CEO and General Manager of Saipem, said: “The award of these contracts represents a significant confirmation of the trust of our clients in Saipem’s ability to execute complex offshore projects worldwide. The Scarborough project will be mainly conducted by the Castorone vessel, our versatile and state-of-the-art asset, representative of the innovative and world-class offer which Saipem is able to provide the market. The recently opened Saipem fabrication facility in Georgetown will be involved in the execution of the Yellowtail project, ensuring a positive and tangible impact on the country.”

Categories: Energy Vessels Subsea Industry News Activity South America Installation Australia/NZ

Related Stories

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Marine Masters Secures Wellhead Platforms Installation Job Off India

Japan's Mitsui Eyes Alaska LNG Project

Santos Hires Weststar-GAP for Timor-Leste Offshore Helicopter Services

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

US Operator Finds Oil Offshore Vietnam

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Flare Gas Recovery Meets the Future

ABS Approves Hanwha Ocean’s FPSO Design

Current News

VARD Snags $125m Shipbuilding Deal for Subsea Contruction Vessel

Mitsui’s STATS Lands Malaysian Pipeline Isolation Job

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com